Apple is no longer most innovative enterprise in the world

Apple has just been knocked off the throne of the world’s most innovative business on the Fast Company rankings. This year, the tech giant has slipped to 17th place. “They really don’t have a new breakthrough with equipment and sales are also slow,” Fast Far Amy, editor of Fast Company. He told in CNBC News.

This year’s rankings of Fast Company had a big disturbance when two enterprises from Asia occupied the highest position. Last year, the top positions most belonged to US companies, with the first two being Apple and Netflix.

In this year, Meituan Dianping entered the Fast Company’s rankings for the first time, gaining the world’s most innovative business position. Chinese technology firm is providing online booking and forwarding services.

In the first half of last year, the company provided 27.7 billion transactions with a value of $ 33.8 billion to more than 350 million people, according to Fast Company.

In second place is Grab. The Singapore-based startup knocked out and took over Uber’s businesses in Southeast Asia last year. Grab has also expanded to provide services such as food delivery. That travels reservations and finance. Last year, the car-sharing company achieved $ 1 billion in revenue.

When it comes to online competition, Walt Disney is the best competitor to compete with Netflix, according to Fast Company. The media firm plans to launch Disney + products later this year to provide original content, a library of Disney movies and TV shows.

The next are the NBA, Walt Disney Company and Stitch Fix. Fast Company praised the American Professional Basketball Association for breaking the 2018 viewership record and increased 3 percent of online watchers. NBA total revenue also increased by 25 percent. Partly they succeeded thanks to the NBA 2K League.

This year, the giants of Facebook are not in the ranking of the 50 most creative enterprises in the world of Fast Company even though last year was 6th.